NSE:BPCL Trade Setup for Date 14-09-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. Please refer...
Broke a long time weekly time frame , it was trading in a symmetrical triangular pattern as well , finally a good breakout today , entry 498, stop loss 478, can expect first target at 530
NSE:BPCL Observations: 1) On Weekly Time frame, It game rounding bottom breakout and then in last week it made hanging man candle. This Hanging man candle will be a sign of bearish move if the stock fails to trade above and close above the high of this hanging man pattern. From the chart we can see that for next bullish move it has to break and trade above...
We can go long above 494.05 in a 15m closing Very Beautiful Structure
BPCL me ak achhh sa ( Double bottoms ) bana hua hai up jane ka jada umid hai
My earlier bearish view on BPCL got negated as this stock kept making Higher highs and lower lows. On daily chart it is giving a no brainer breakout which will come quickly. I am sure media guys will take it forward from here. That green channel is where the stock may retrace a bit and then mega move can come. This is just a chart pattern discussion. Please...
Given breakout in Daily TF. Can break the falling Wedge in Weekly TF too. Could be a good early entry above 138.
Hello Traders👋 Today i have made a post on BPCL 15m I hope you find this post helpful and informative👍 The targets and stoploss would be given in the charts or they would be according to pivot points Thank You —DISCLAIMER— I am not a SEBI registered financial advisor Please consider your consultant's advise a must , all the setups posted here will be...
We can see free buying coming in this stock once sustains above 500 and we can see 535 and upper targets in near future. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BPCL Triangle range breakout
BPCL breaking the ascending triangle pattern for an upmove towards 550. Dividend will also boost up buying atleast till the record date. Stock closing below trendline may show bearish nature. FYI only.
BPCL is bouncing off from its 1.5 year long trend line. It has bounced off from this trend line every time since Mar'2020 fall, thus forming and re-forming the support. Also, Daily chart is exhibiting RSI divergence as well. We are bullish on this stock with 480 resistance zone as target.
BPCL is trying to break the resistance at 481, which has not been sustained since last year. If BPCL manages to stay above 481, then we can see momentum to the upside. Go long above 481 and place a stop loss below 440. This is a monthly timeframe analysis, so we can provide some time for the price to adjust in case of a fall. Add more quantity when the price...
We may see a breakout in BPCL tomorrow. A sharp move is expected from here.
Keep an eye on BPCL, if able to BO the resistance area above 472 then we can go long . Stock forming HH on the charts. Entry only after the BO of the area.
We can expect 490 & more..in coming days It has broken out of the supply zone and has also retested the zone. Hence, we can expect more in this..on long side.